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Fly News Breaks for February 5, 2019
STX
Feb 5, 2019 | 08:12 EDT
Wells Fargo analyst Aaron Rakers lowered his price target for Seagate to $45 from $50 following a "justified selloff." Despite reporting what he would consider net-positive Q2 results amid a well-known weak demand backdrop, the analyst notes that the shares of Seagate came under justified pressure given Q3 guidance well below expectations, Seagate's visibility into a recovery looking into mid/2H2019, and Seagate's inventory build. Rakers reiterates a Market Perform rating on the shares.
News For STX From the Last 2 Days
STX
Apr 24, 2024 | 16:14 EDT
Get caught up quickly on the top news and calls moving stocks with these five Top Five lists. 1... To see the rest of the story go to thefly.com. See Story Here
STX
Apr 24, 2024 | 13:04 EDT
STX
Apr 24, 2024 | 10:27 EDT
